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Dec 5, 2012 7:30am EST
. biles, i thought you were normally a model of restraint. [laughter] and civility. good heavens, man, i don't know what's come over you. [laughter] calm yourself! take a pill if necessary. [laughter] but keep calm, take up yoga. [laughter] >> growth down, borrowing up, debt up. they don't like it, mr. speaker, do they? they don't like it at all. [laughter] once again the chancellor's trying to blame high oil price ands the eurozone crisis. so let me ask him, why over the last two years has britain grown by just one-tenth of the growth rate of the g20 countries, mr. speaker? and why is growth here in britain been even slow or than in the eurozone, mr. speaker? mr. speaker, it's not the rest of the world's fault, it's his policies which have failed. he claims that rising -- [inaudible] alongside accelerating spending cuts would boost confidence, secure recovery and get the deficit down. but they depress confidence, choke the recovery and borrowing's been revised up, mr. speaker. let me ask the chancellor whatever happened to his treasury view, his theory of expansionary fiscal contraction
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